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Maharashtra secretariat passes the Draft Housing Policy

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The Maharashtra Legislative Assembly passed the draft housing policy bill and the agenda of the state government is to encourage the investments from the private players into the flourishing real estate market. Further it is said by a source to the www.propertykhazana.com that the bill in practice will facilitate the buyers of non-agriculture lands and there shall be no ceiling limit applicable.
By this the special Townships plans are gearing up to mobilize the scarcity of housing for the middle class people in the state. The proposed projects are on the outskirts of the city with FSI limit increased from 0.5 – 0.1.
Meantime, the projects will be on the PPP basis and the entire process will be monitored by the concerned state government authorities. The project is likely to be with the co-ordination of MMRDA, MSRDC, MJP, MHADA and CIDCO.
The financial capital city is expanding day by day and it is the duty of the govt. to provide needed infrastructure and housing facilities for the aspirants and the sources available to the www.propertykhazana.com says that the Maharashtra Government will soon initiate the Trans Harbor link which connects the Island city of Mumbai with the Navi Mumbai and further this will surely enhance with more realty ventures in the region.
Source: NBTVLIVE

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